ABOUT SOLE TRADERS
If you operate as a sole trader, you need every bit of help you can get. We provide a range of sole trader services that are aimed at helping people who want to focus on their main activities while being confident that their administrative duties are properly taken care of. We offer payroll, tax and administrative services that allow you to work with peace of mind.
Pentagon Payroll is committed to ensuring sole traders are fully compliant with all regulations and we can offer assistance with annual accounts.
It is vital that these accounts are managed correctly because they have so much influence and importance on your personal life and business. We have a highly skilled and experienced team and we will ensure that your annual accounts are created correctly and submitted on time.
We also know that tax returns are an issue for many sole traders but we can take the stress out of this situation. You can be confident that your tax returns have been completed and submitted by qualified professionals, allowing you to focus on your core roles. We are able to submit your tax returns and we can even liaise with HMRC on your behalf.
It is important that people understand there are different rules when operating as a sole trader as opposed to operating as a limited company. When operating as a limited company, you have the chance to legitimately lower your tax bill and NI contributions but there are other responsibilities associated with this set-up
We are more than happy to offer guidance on these options and we can help you decide which set-up is best for you.